Floating leverage
Alpari (UK) uses a “Floating leverage” system which automatically applies higher leverage on a trade by trade basis depending on the client’s trade volume.
- An open position of less than USD3 million nominal value carries a maximum leverage of 1:500.
- An open position of USD3 million to USD5 million USD carries a leverage of 1:500 for the first 3M and a leverage of 1:200 for the remaining 2M.
- An open position of USD5 million to USD10 million carries a leverage of 1:500 for the first 3M, a leverage of 1:200 for the next 2M and a leverage of 1:100 for the remaining 5M.
- For open positions higher than USD10 million, the first 3M carries a leverage of 1:500, the next 2M carries a leverage of 1:200, the next 5M carries a leverage of 1:100. Everything above carries a leverage of 1:33.
For example, a client opens a position of USD12 million (for example, 120 lots in USDCHF). His/Her margin requirements will be the following:
| Nominal value of open position | Funds required to open position | Maximum leverage offered |
| First 3 million |
= 3,000,000 / 500
= USD6,000 |
1:500 |
| Next 2 million |
= 2,000,000 / 200
= USD10,000 |
1:200 |
| Next 5 million |
= 5,000,000 / 100
= USD50,000 |
1:100 |
| Remaining 2 million |
= 2,000,000 / 33
= USD60,606 |
1:33 |
| TOTAL: 12 million |
= USD126,606 |
|
